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mircea_popescu: please learn your fuckinglessons from the pirate fiasco.
mircea_popescu: no, i just want to show you that you're irresponsible. you sell me the insurance, i go put a block of 50mn shares of my own stock at half the current implied price and i've taken you out.
mircea_popescu: how much does it cost me to buy 1800 of btc insurance agaisnt their nav ?
mircea_popescu: so let's see, mpoe.etf is a fund that's worth ~1800 btc atm ?
mircea_popescu: i'm in awe of the irresponsible stuff that passes for finance.
mircea_popescu: how exactly do you evaluate the volatility of a stock that existed for less than a year ?
mircea_popescu: nav insurance ?! you can't possibly be offering that ?!
mircea_popescu: as far as i recall the main problem was you couldn't insure against X person cause he could just buy that insurance secretly and then default
mircea_popescu: copumpkin worked on it for a while, but it just doesn't work.
mircea_popescu: usagi lol, i'd expect the exchange which lists mostly scam assets would be VERY expensive.
mircea_popescu: now this is interesting. im curious how much mpex insurance costs.
mircea_popescu: i normally read newspapers from like the late 2000s atm.
mircea_popescu: but i do read it. just, i keep everything for a few years first.
mircea_popescu: bitcoin is actually old enough to be treated as an extinct culture if one's so inclined.
mircea_popescu: well, irl i'm a business consultant, but by my actual education i'm an philosopher/anthropologist
mircea_popescu: omg. MrTiggr i notice that offensive site of yours contains libelous and defamatory content about me! I SUE YOU
mircea_popescu: you need to enlist the help of some people on the forum.
mircea_popescu: but i mean, all soets of companies have customer suippoirt phones.
mircea_popescu: there is something i don't understand here tho. if i ihad the option of using a website or talking to a person, i'd chose the later.
mircea_popescu: As part of the global push to tax the rich, Britain is now debating an “emergency” wealth tax. But the idea has hit fierce opposition from conservatives, who say the “politics of envy” hasn’t made the country rich.
mircea_popescu: o wow! i just went to register #mpex and i discovered... it was already registered
mircea_popescu: yes pls buy moar shares because i know what teh web is! ty internets!
mircea_popescu: the web couild exist offline or whatever, it doesn't HAVE to be accessed through teh internet.
mircea_popescu: "The World Wide Web (abbreviated as WWW or W3, commonly known as the Web ), is a system of interlinked hypertext documents accessed via the Internet."
mircea_popescu: it's implemented on the internet, sure, but that's irrelevant really.
mircea_popescu: it's not a matter of what i think. the web is the sum of all html documents and their connections (ie links).
mircea_popescu: why ? internet carries the web, it's the superset there.
mircea_popescu: you mean car, but hey, they're means of transportation so it's ok
mircea_popescu: well.. anyway, here's to hoping people are smarting but a lot smarter.
mircea_popescu: fact of the matter is, the guy who finally burst it weeks ago is not the first person who didn't get paid.
mircea_popescu: the true killer was that some people brought forth not really proof... but some indication of possible collusion. it became clear it's impossible to actually verify a default.